Investors Like that Chime Acquired a Chartered Bank
Investors are cheering the announcement that Chime, a neobank, has anounced the acquisition of its partner bank, Stride. Chime Financial (NASDAQ: CHYM) agreed to purchase longtime partner Stride Bank in an all-cash transaction valued at $590 million. At the time of writing, Chime shares have moved… Read More
Read more in: Fintech, Offerings | Tagged banking, chime, stride bank